26 January 2014

FewerBankrupt Churches

I've previously posted about the significant empirical research that Pamela Foohey has conducted in connection with churches (and other religious organizations) that have filed under Chapter 11 of the Bankruptcy Code. You can read my most recent post here

If you find this topic of interest, you can get updated figures from a post by Pamela at the Credit Slips blog here. The bottom line: just as with business corporations, church bankruptcies declined again in 2013 but are nonetheless more common than one might expect.

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